Get to Know Me

Louis Young is a Principal and Dealership Services Team Leader at Withum. He has over 25 years of experience in dealership accounting and consulting. He coordinates specialized services for clients, including but not limited to line-item benchmarking, internal controls, financial statement analysis, fixed operations financial analysis, information safeguarding, operational reviews and warranty analysis. He assists clients with state regulatory oversight issues, including general compliance, consumer affairs and sales tax issues.

Louis has performed corporate financial planning, automotive factory financial statement analysis and departmental internal control analysis. He is actively involved with mergers, consolidations and cash flow planning, and performs business valuations for mergers, acquisitions, gift tax and estate planning. He specializes in retail automotive consulting, valuations for small to midsize businesses, SBA consulting, ERTC consulting, business brokering and business development.

Louis is an active member of the National Association of Certified Valuation Analysts (NACVA) and the BIA State Business Tax Committee. He has conducted dozens of workshops and seminars on various dealership management issues for state dealer associations, dealer 20 groups and private organizations.

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Latest Thinking

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IRS Provides Relief Surrounding the Energy Credit Online Portal

Many questions have surfaced amongst auto dealerships regarding seller and transfer reports and how to properly report them on the IRS Energy Credit Online Portal. While the roll-out of the […]

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internal revenue service
IRS Releases Long-Awaited ERC Voluntary Settlement Program

On December 21, 2023, the IRS released details about its second settlement initiative relating to the employee retention credit (ERC). See IR-2023-247, Announcement 2024-3, general information, and FAQs. The IRS […]

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IRS To Launch Online Registration Portal For EV Dealers
IRS to Launch Online Registration Portal for EV Dealers

The Internal Revenue Service (“IRS”) released Rev. Proc. 2023-33 on October 6, 2023, with additional information on how individuals buying used or new electric vehicles (EVs) can transfer a federal […]

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